China is looking better than US. But don't kid ourselves

by saying Chinese banking system is solid. The whole banking system was saved once already, not too long ago, all bad debts were wiped out already, before they went public overseas. It's easier to do that in China, for you don't need go through any debate.

However, with current housing market, if that goes down significantly, banking system will be in big trouble again. That being said,banking problem is different the one in US, but it's not solid either.

所有跟帖： 

• good or bad r all relative, Ch bank sys is much better than USA' -cp3- ♂ (173 bytes) () 03/06/2009 postreply 13:26:38

• Ch banks donot use teaser rates to lure customers. -cp3- ♂ (0 bytes) () 03/06/2009 postreply 13:27:42

• They are not in big trouble for consumer lending, -Warsteiner- ♂ (82 bytes) () 03/06/2009 postreply 13:31:44

• W总阿，中国现在是“国家资本主义“，比美国的“垄断资本主义“ -聂耳- ♂ (55 bytes) () 03/06/2009 postreply 13:41:58

• 有关“国家资本主义“的特点，可参见列宁的《国家与革命》 -聂耳- ♂ (0 bytes) () 03/06/2009 postreply 13:44:25

• 老支书,下午政治学习在哪里?要带小板凳吗? lol ...... -playitagain- ♂ (0 bytes) () 03/06/2009 postreply 13:49:48

• 小板凳不用带，自带电脑 -聂耳- ♂ (0 bytes) () 03/06/2009 postreply 14:01:06

• 对不起音乐家，我没资格发表看法，您请接着作报告。 -Warsteiner- ♂ (112 bytes) () 03/06/2009 postreply 13:51:18

• 国家资本主义 <> 国家社会主义 -聂耳- ♂ (0 bytes) () 03/06/2009 postreply 14:07:38

• I said OR, neither has a great reputation. -Warsteiner- ♂ (0 bytes) () 03/06/2009 postreply 14:11:24

• reputation -聂耳- ♂ (0 bytes) () 03/06/2009 postreply 14:17:02

• I take off now, you have a great weekend -聂耳- ♂ (0 bytes) () 03/06/2009 postreply 14:18:43

• You too. -Warsteiner- ♂ (0 bytes) () 03/06/2009 postreply 14:22:23